LATTNER FAMILY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LATTNER FAMILY FOUNDATION INC (EIN 20-3100839)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349108103
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T16:03:37-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIR STE 4000 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203100839 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LATTNER FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LATTNER FAMILY FOUNDATION I | InCareOfNm |
| Business Name Control | LATT | BusinessNameControlTxt |
| Phone | 5612783781 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVENUE Suite 201 | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATTY GERHART | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 5612783781 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PATTY | PersonFirstNm |
| Person Last | GERHART | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER RHODERICK | PreparerPersonNm |
| PTIN | P00395735 | PTIN |
| Phone | 3176817000 | PhoneNum |
| Preparation | 2023-05-11 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $114,614,407 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $280 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $280 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $3,474,428 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,474,428 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,585,477 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $21,272,783 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,585,402 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$2,088 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$2,969 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $9,058,097 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,057,141 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $52,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $52,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $88,964 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $22,241 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $66,723 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $19,112 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,778 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $14,334 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,940 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,735 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,205 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $242,428 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $242,428 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $95,843 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,687 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $30,156 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $78,969 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $19,742 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $59,227 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $7,248 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $3,624 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,624 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $106,254 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $26,566 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $79,688 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $697,758 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $332,801 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $310,957 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,545,682 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,545,682 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $7,243,440 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $332,801 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,856,639 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,814,657 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,724,340 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,377,569 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,413,303 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,481,671 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $19,292,915 | CorporateStockBOYAmt |
| Corporate Stock EOY | $13,075,457 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $16,315,572 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $61,378,970 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $58,006,661 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $86,817,164 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,455 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,455 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $83,049,454 | TotalAssetsBOYAmt |
| Total Assets EOY | $82,495,421 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $114,614,407 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $83,049,454 | RetainedEarningBOYAmt |
| Retained Earning EOY | $82,495,421 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $83,049,454 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $82,495,421 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $83,049,454 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $82,495,421 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $83,049,454 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,814,657 | ExcessRevenueOverExpensesAmt |
| Subtotal | $84,864,111 | SubtotalAmt |
| Other Decreases | $2,368,690 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $82,495,421 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|
| TIMBERVEST PARTNERS III | $274,051 | $274,051 | $274,051 | |
| SALE OF PUBLICLY TRADED SECURITIES | $20,997,983 | $5,310,602 | $5,310,602 | $15,687,381 |
| BAY POINT CAPITAL PARTNERS II - SHORT-TERM | $13 | $13 | $13 | |
| BAY POINT CAPITAL PARTNERS II - LONG-TERM | $736 | $736 | $736 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,585,402 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $121,268 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $121,268 | SubtotalAmt |
| Tax Based On Investment Income | $121,268 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $97,571 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $45,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $142,571 | TotalPaymentsAndCreditsAmt |
| Overpayment | $21,303 | OverpaymentAmt |
| Applied To ES Tax | $21,303 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | FL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.lattnerfamilyfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LATTNER FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5612783781 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVENUE STE 201 | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| FORREST C BROWN | ||||||||
| 770 EAST ATLANTIC AVENUE | DELRAY BEACH | FL | 33483 | TRUSTEE | 15.0 | $0 | $0 | $0 |
| Richard M Harris | ||||||||
| 770 EAST ATLANTIC AVENUE | DELRAY BEACH | FL | 33483 | Trustee | 15.0 | $15,000 | $0 | $0 |
| Susan B Walker | ||||||||
| 770 EAST ATLANTIC AVENUE | DELRAY BEACH | FL | 33483 | Trustee | 15.0 | $11,000 | $0 | $0 |
| Andrew L Harris | ||||||||
| 770 EAST ATLANTIC AVENUE | DELRAY BEACH | FL | 33483 | Trustee | 15.0 | $15,000 | $0 | $0 |
| Rick Walker | ||||||||
| 770 EAST ATLANTIC AVENUE | DELRAY BEACH | FL | 33483 | TRUSTEE | 15.0 | $11,000 | $0 | $0 |
| Janet Brown | ||||||||
| 770 EAST ATLANTIC AVENUE | DELRAY BEACH | FL | 33483 | TRUSTEE | 15.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATTY GERHART | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 E ATLANTIC AVE STE 201 | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | FUND MANAGER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $117,034 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 1 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVENUE | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ADVISORY FEES | ServiceTypeTxt |
| Compensation | $242,428 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $112,293,641 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,491,907 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $121,785,548 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $121,785,548 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,826,783 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $119,958,765 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,997,938 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,997,938 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $121,268 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $121,268 | TotalTaxAmt |
| Distributable Before Adj | $5,876,670 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,876,670 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,876,670 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,856,639 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $6,856,639 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,876,670 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $335,280 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $475,897 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $340,235 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $447,731 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $235,072 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,834,215 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,856,639 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $5,876,670 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $979,969 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,814,184 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $335,280 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,478,904 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $475,897 | ExcessFromYear4Amt |
| Excess From Year3 | $340,235 | ExcessFromYear3Amt |
| Excess From Year2 | $447,731 | ExcessFromYear2Amt |
| Excess From Year1 | $235,072 | ExcessFromYear1Amt |
| Excess From Current Year | $979,969 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PATTY GERHART | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVE STE 201 | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5612783781 | RecipientPhoneNum |
| Form And Info And Materials | AVAILABLE UPON REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHMENT C | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVENUE | AddressLine1Txt |
| Address Line2 | 201 | AddressLine2Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED STATEMENT B | GrantOrContributionPurposeTxt |
| Amt | $6,545,682 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,545,682 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $280 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,474,428 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $75 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,585,402 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PASSTHROUGH INCOME | Desc |
| Business | 901101 | BusinessCd |
| Unrelated Business Taxbl Incm | $881 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$2,969 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $956 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,057,141 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,058,097 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTANT FEES | CategoryTxt |
| Amt | $6,940 | Amt |
| Net Investment Income | $1,735 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $5,205 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt |
|---|---|---|---|---|
| LAPTOP COMPUTER | 2006-05-02 | $2,892 | $2,892 | M5 |
| COMPUTER | 2007-12-21 | $1,563 | $1,563 | M5 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| LSV - NT #03-46636 | $7,119,625 | $9,143,978 |
| NTRS - NT #23-58667 | $1,314,020 | $2,457,712 |
| NTRS - NT #43-20788 | $872,528 | $962,260 |
| NTRS - NT #43-21227 | $581,681 | $765,304 |
| NTRS - NT #43-23543 | $1,589,830 | $1,623,239 |
| NTRS - NT #43-28078 | $1,597,773 | $1,363,079 |
| SEE ATTACHMENT A |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| VANGUARD (SEE ATTACHMENT B) | $45,520,690 | $64,739,599 |
| JHL | $1,500,000 | $1,410,418 |
| TIMBERVEST PARTNERS III | $1,543,732 | $2,376,637 |
| BLUE ARC CAPITAL | $0 | $0 |
| CREST CAPITAL | $4,421,205 | $13,290,510 |
| BAY POINT CAPITAL PARTNERS II | $5,021,034 | $5,000,000 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| LAPTOP COMPUTER | $2,892 | $2,892 |
| COMPUTER | $1,563 | $1,563 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL AND PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $19,112 | LegalFeesAmt |
| Net Investment Income | $4,778 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $14,334 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENTS | Desc |
| Amt | $2,368,690 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (15 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES & SUBSCRIPTIONS | $750 | $188 | $562 |
| INSURANCE | $37,933 | $9,483 | $28,450 |
| OFFICE EXPENSE | $9,778 | $2,445 | $7,333 |
| POSTAGE & DELIVERY | $695 | $174 | $521 |
| MAINT AGREEMENT | $13,860 | $3,465 | $10,395 |
| COMPUTER | $6,506 | $1,627 | $4,879 |
| OFFICE SUPPLIES | $3,603 | $901 | $2,702 |
| UTILITIES | $11,391 | $2,848 | $8,543 |
| BANK FEES | $25 | $6 | $19 |
| PETTY CASH | $75 | $19 | $56 |
| PAYROLL FEE | $3,857 | $964 | $2,893 |
| LEASE | $2,423 | $606 | $1,817 |
| FOOD AND LODGING | $8,703 | $2,176 | $6,527 |
| FOUNDATION MEETING | $5,750 | $1,438 | $4,312 |
| COPIER EXPENSE | $905 | $226 | $679 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ORD LOSS - TIMBERVEST K-1 | -$22,293 | -$22,293 |
| ORD INCOME - Bay Point Capital Partners II, LP K-1 | $20,205 | $19,324 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | NORTHERN TRUST FEES | CategoryTxt |
| Amt | $242,428 | Amt |
| Net Investment Income | $242,428 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $2,708 | $2,708 | |
| PAYROLL TAXES | $35,916 | $8,979 | $26,937 |
| STATE TAXES | $3,219 | $3,219 | |
| FEDERAL TAXES | $54,000 |
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